Renesas Electronics Group implemented a change of the fiscal term in which the fiscal year-end changed from March 31 to December 31 starting from the fiscal year 2016. The fiscal year 2016 in which the transition to the new accounting period took place, comprised the financial results for the nine months from April 1, 2016, to December 31, 2016.
The Group discloses its consolidated financial statements in accordance with the International Financial Reporting Standards (“IFRS”) starting from the annual securities report for the fiscal year ended December 31, 2018.
Besides, the Group discloses consolidated business results in terms of both its internal measures which the management relies upon in making decisions (“Non-GAAP” financial measures) and those under International Financial Reporting Standards (“IFRS”).
The allocation of the acquisition costs for the business combinations with Dialog, Celeno, Reality AI and Steradian has been revised: at the end of the three months ended March 31, 2022; at the end of the three months ended June 30, 2022, at the end of three months ended December 31, 2022, and at the end of three months ended March 31, 2023, respectively. These revisions to the allocation of the acquisition costs (PPA) have been reflected in the consolidated financial results for the year ended December 31, 2021 and for the year ended December 31, 2023.
(From 3Q 2021 onwards, Non-GAAP adjustments have been also applied to the revenue following the implementation of PPA.)
- Non-GAAP:
- Quarter
- Fiscal Year
- Documentation
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- IFRS
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- Japan-GAAP(~Dec.2018)
Quarter (Non-GAAP)
Revenue
Gross Profit & Gross Margin
Operating Profit & Operating Margin
Profit Attributable to Owners of Parent & Net Profit Ratio
2023
(Billion yen)
| 1Q | 2Q | 3Q | 4Q | |
|---|---|---|---|---|
| Revenue | 359.7 | 368.7 | ||
| Gross Profit | 202.0 | 211.5 | ||
| Operating Profit | 124.8 | 129.1 | ||
| Profit Attributable to Owners of Parent | 107.5 | 119.0 |
2022
(Billion yen)
| 1Q | 2Q | 3Q | 4Q | |
|---|---|---|---|---|
| Revenue | 346.7 | 377.1 | 387.6 | 391.3 |
| Gross Profit | 202.3 | 220.9 | 220.9 | 219.1 |
| Operating Profit | 135.5 | 145.3 | 142.8 | 135.7 |
| Profit Attributable to Owners of Parent | 90.2 | 81.4 | 96.4 | 109.3 |
Fiscal Year (Non-GAAP)
Revenue
Gross Profit & Gross Margin
Operating Profit & Sales Operating Loss Ratio
Profit Attributable to Owners of Parent & Net Profit Ratio
Total equity
Total equity Per Share (yen)
(Billion yen)
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Revenue | 756.5 | 718.2 | 715.7 | 994.4 | 1,502.7 |
| Gross Profit | 334.3 | 308.1 | 338.7 | 528.9 | 863.2 |
| Operating Profit | 104.0 | 92.5 | 137.5 | 296.6 | 559.4 |
| Profit Attributable to Owners of Parent | 83.4 | 75.9 | 111.5 | 222.2 | 377.3 |
| Total equity | 601.0 | 624.4 | 619.7 | 1,153.4 | 1,537.5 |
| Total equity Per Share (yen) | 358 | 363 | 356 | 592 | 783 |
Documentation
Quarter (Non-GAAP)
Fiscal Year (Non-GAAP)
| Title | Format |
|---|---|
| 5-year Financial Highlights Summary | XLS |